Public employees (more frequently than private employees)tend to have their retirements in

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Public employees are more likely to have defined benefit pension programs, which offer a guaranteed payout based on earnings and years of service. Private employees are more likely to have defined contribution programs or private savings plans, which depend on contributions made and investment performance. Ponzi schemes are illegal and not a legitimate retirement program.

Public Employees (More Frequently Than Private Employees)tend to Have Their